It is more profitable for Kazakhstan to export oil and meal to Uzbekistan than raw materials, according to experts

Published Nov 21, 2022

Tridge summary

In the 2021/22 season, Kazakhstan's exports of sunflower oil and meal to Uzbekistan saw a 21% revenue increase compared to the exports of sunflower seeds, as per analysis by IA "APK-Inform". The average cost of export lots for sunflower seeds, oil, and meal were $545/t, $1416/t, and $233/t respectively. The total revenue from the import of over 82,000 tons of sunflower seeds, 70,000 tons of sunflower oil, and almost 86,000 tons of sunflower meal and cake amounted to more than $164 million.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The total revenue from the export of sunflower oil and meal from Kazakhstan to Uzbekistan in the 2021/22 season turned out to be 21% higher than the revenue from the sale of oilseeds in its pure form. Analysts of IA "APK-Inform" came to this conclusion. According to their estimates, the average cost of export lots for sunflower seeds was $545/t, for oil - $1416/t, and for meal - $233/t. “In addition, husk, as a by-product, is also a commercial product, either increasing the total sales revenue or reducing the cost of processing if used as fuel in enterprises,” the APK-Inform analytical service notes. Recall that in the 2021/22 marketing year, Uzbekistan imported over 82,000 tons of sunflower seeds and 70,000 tons of sunflower oil, as well as almost 86,000 tons of sunflower meal and cake from Kazakhstan. The total revenue from ...

Source: Oilbranch